Analyst Suggests Nvidia’s Cryptocurrency-Related Revenue Has Been $1.35 Billion More than Reported

Analyst Suggests Nvidia’s Cryptocurrency-Related Revenue Has Been $1.35 Billion More than Reported

It is no secret that the Taiwan-based computer hardware manufacturer Nvidia has profited significantly from increased cryptocurrency mining. Specifically, the last two years increased interest in cryptocurrency mining has precipitated a marked surge in demand for GPUs. Steves says Nvidia generated substantially more revenue than stated However, a recent report is now suggesting that Nvidia … Continue reading Analyst Suggests Nvidia’s Cryptocurrency-Related Revenue Has Been $1.35 Billion More than Reported

Nvidia Stands Before A Lawsuit Over Mining GPU Losses

The major Graphics processing unit (GPU) producer Nvidia faces a lawsuit because of losses made after falling crypto prices. The company reported losses due to the falling demand for GPUs. Nvidia – falling with the crypto prices Over nine months ago, Nvidia’s CEO Jensen Huang said that blockchain is here to stay. He argued that … Continue reading Nvidia Stands Before A Lawsuit Over Mining GPU Losses

The Lower Interest In Crypto Mining Brings Nvidia’s Share Price Down 17 Per cent

The Lower Interest In Crypto Mining Brings Nvidia’s Share Price Down 17 Per cent

The tech giant Nvidia released its earnings report for the third quarter (Q3). The report revealed that the demand for Nvidia’s graphics processing units (GPUs) among crypto miners has dried up. Why has the demand for crypto mining dried up? Jensen Huang, the founder and CEO of Nvidia, stated in the report that 2018 has … Continue reading The Lower Interest In Crypto Mining Brings Nvidia’s Share Price Down 17 Per cent

Nvidia Realizes the Importance of Cryptocurrency

Nvidia Realizes the Importance of Cryptocurrency

 Nvidia, the American technology company, has been designing graphics processing units (GPUs) for gaming and professional markets. What has made Nvidia even more special is the way it’s perfect for mining cryptocurrencies. Nvidia’s technological advancements in terms of supercomputing are ideal for mining cryptocurrencies. The plus point of Nvidia being a reputable brand that is … Continue reading Nvidia Realizes the Importance of Cryptocurrency